Post by
GovernanceQP on Dec 15, 2020 12:34pm
Going Backwards
I have posted about this sort of thing before in that there will always be quality discoveries going forward especially in the Athabasca so this leads on to another consideration in that if you have a project and you do not aggressively develop it you will eventually get bumped down the list of what will be next to get all the attention.
First we had NexGen surpassing FCU and now there is a very real possibility that IsoEnergy is going to do the same (not just market cap) plus IsoEnergy has a number of other things going for it over FCU being that they are majority owned by a friendly being NexGen not to mention their location being not far from an operating mill which looks like it will be looking for feed.
IsoEnergy announced their upcoming drill prgram details today where is the FCU winter drill program details?
I don't think FCU will drill 1 metre of any ground this winter.
I also think there is a possibility that IsoEnergy will make a later announcement regarding increasing the size of their upcoming drill program. These guys know how to run a show and now they have financial clout and it's probably going to get even better for them in the not too distant future.
FCU needs to step up asap because they are fast becoming less relevant just like what happened to Bannerman with respect to Extract.
I made good coin on Extract and I was relatively late to that party too.
Comment by
Bull4u2 on Dec 15, 2020 1:17pm
I prefer FCU.. It's shallow and easy to mine. FCU has CGN as a partner and a whole less debt than Nexgen. So, just pick your favourite and be done with the tirades.
Comment by
GovernanceQP on Dec 15, 2020 2:05pm
How fast could NexGen pay back their debt your analysis like so many appears childish.
Comment by
Greenday on Dec 15, 2020 2:46pm
@ GovernanceQP - Hey Turner - Why don't you give us your analysis on NXE's debt and repayment plan.
Comment by
GovernanceQP on Dec 15, 2020 3:19pm
I think the NXE share prIce is making you angry Greenday.
Comment by
Greenday on Dec 15, 2020 4:30pm
@ GovernanceQP - Hey Turner - I currently own some NXE so the higher its price the better but the debt load leads me to believe that there might be some massive dilution in the future. How else might NXE repay the debt? Another reason I don't care to take a bigger position in NXE is because your buddy - Warren BreX Irwin - is a large shareholder.
Comment by
GovernanceQP on Dec 15, 2020 5:43pm
FCU Director Rob Chang also made an admission that he is an NXE shareholder. You people seem conflicted LOL
Comment by
Greenday on Dec 15, 2020 7:54pm
@ GovernanceQP - Hey Turner. NXE is a trader stock for me. Good volitility but expensive compared to FCU and its peer group so it's not a hold. NXE already has a $1B market cap so IF NXE becomes a 5 bagger at $5B, FCU will become a 10 bagger at $2B.
Comment by
GovernanceQP on Dec 15, 2020 8:25pm
Keep crafting those responses Greenday you don't want to look stupid.
Comment by
Greenday on Dec 15, 2020 8:47pm
@ GovernanceQP - Hey Turner. Arlen will be so proud of you.
Comment by
shrink on Dec 18, 2020 12:18pm
Nxe sp sure has been on a rip lately, buy out coming??
Comment by
GovernanceQP on Dec 18, 2020 12:41pm
If NXE buys out FCU if that is what you are referring to then there is absolutely no rush - think about it.
Comment by
Uranium on Dec 18, 2020 12:58pm
FCU has a very good chance of being bought out.Their deposit is shallow and high grade and easy to mine. NXE has NO chance of being bought . Market Cap is too high and they have too much debt and the high grade in their deposit is way too deep. Investors are far better off with FCU, as the upside is greater.
Comment by
shrink on Dec 18, 2020 1:50pm
Uranium, you ever wonder why NXE market cap is so high? It's because people want it. You ever wonder why fissions is so low, it's because people don't want it. I told you guys their open pit mine would never be developed and finally they conceded that. Their underground mine will likely never be developed either, at least not as a tier 1 asset like nexgens.
Comment by
Uraniuman308 on Dec 18, 2020 1:55pm
mismanagement has set FCU back 6 years. So much time and money wasted promoting an open pit while many knew all along it was a pipe dream. JMO
Comment by
GovernanceQP on Dec 18, 2020 2:21pm
It appears that NXE is doing what is required to prevent being bought out on the cheap while FCU is desperate to be bought out. Desperation is never a good sign.
Comment by
shrink on Dec 18, 2020 1:32pm
Are you kidding? Not fcu getting bought out, Nexgen getting bought out
Comment by
KozmoT on Dec 18, 2020 5:34pm
LOL, I've a shiteload of both FCU and NXE so if NXE bought out FCU I'd be pisssed. Fortunately thats not even a possibility at this point.
Comment by
shrink on Dec 18, 2020 6:43pm
You sure don't need to worry about that KozmoT.
Comment by
gizard16 on Dec 18, 2020 9:44pm
Me thinks the 'ole Gov. (Qwerty), needs a big enema. He's so full of sh!t ya just never know what's actually coming out of his mouth. And when it does, he rants on like a presidential loser. Imagine, spending months and years talking smack on an anonymous board. The only thing lower than our Gov., is a pedophile priest.
Comment by
GovernanceQP on Dec 19, 2020 5:41pm
I believe in you Greenday I think you do have the strength to get through these difficult times.
Comment by
GovernanceQP on Dec 19, 2020 5:56pm
I am a little concerned about gizard though.
Comment by
Greenday on Dec 19, 2020 9:02pm
@ GovernanceQP - Hey Turner - You couldn't deny the accusation. It has merit. You got fired for spending your day on social media when you were supposed to be working. Took a full time salary from the charity but spent your time on self promotion.